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How Susan Collins Accumulated $40 Million Wealth

By Roger Ferguson

Posted December 7, 2024

Susan-Collins-net-worth

Susan Collins, a U.S. Senator from Maine, has an estimated net worth of approximately $40 million, derived from her political career, investments, and real estate holdings. Serving in the Senate since 1997, Collins earns an annual salary of $174,000, totaling over $4.6 million across her career.

Investments and Real Estate

Collins has invested in mutual funds and real estate, which form a substantial part of her wealth. Financial disclosures indicate her real estate portfolio includes properties in Maine, Washington, D.C., and other locations, accounting for approximately 30% of her net worth.

Susan Collins owns a $1.5 million home in Bangor, Maine, where she resides, as well as a $3.5 million townhouse in Washington, D.C., which she uses for her work in the capital.

In addition, she has a $2 million waterfront vacation home in Bar Harbor, Maine, which also serves as an investment property. She also owns two commercial rental properties in Portland, Maine, valued at $5 million.

Additional Income

Reports suggest her household income benefits from her husbandโ€™s lobbying-related business, contributing over $500,000 annually.

Susan Collins Net Worth

Net Worth$40 Million
Annual Income$11 Million
Inheritance$5 Million
Business Profits$2.8 Million
Real Estate Assets$16 Million
Stock Portfolio$10 Million

Page Contents

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  • Investments and Real Estate
  • Additional Income
  • Susan Collins Net Worth
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